Transcript No Slide Title

WELCOME
TO THE
2008-09
BUDGET HEARING
AND
ANNUAL MEETING
OF THE
SCHOOL DISTRICT
OF
SOUTH MILWAUKEE
SOUTH MILWAUKEE SCHOOL DISTRICT
September 3, 2008
7:00 p.m.
AGENDA FOR PUBLIC HEARING
I.
Explanation of Dual Meeting and Opening
Remarks
A. Introduction of School Board and
Selected Staff Members
B. Introduction of Legal Counsel and
Parliamentarian
II. Presentation of Treasurer’s Report
III. Opportunity for Public Comments on the
Proposed Budget
IV. Closing Remarks and Adjournment
AGENDA FOR ANNUAL MEETING
Call to Order
II. Explanation of Ground Rules
III. Elect Chairperson
IV. Approve Agenda
V. Approval of Previous Minutes
VI. Adoption of Resolution on Tax Levy
VII. Old Business
VIII. New Business
A. Academic Progress Report
IX. Adjournment
I.
THE 2008-09 SCHOOL YEAR
Continue work to improve academic
achievement through high standards and
rigorous curriculum.
$713,277 in reductions - the gap between
revenues and expenditures.
Estimated mill rate of $9.47 using an
estimated equalized valuation increase of
6%. The average over the last three years
has been 8%. The final valuation will be
received in October and the mill rate will be
finalized at that time.
If the equalized values come in above
the 6% estimate, the mill rate will
decrease.
If the equalized values come in below
the 6% estimate, the mill rate will
increase.
WHY $713,277 IN
REDUCTIONS?
(The Gap Between Revenues & Expenditures)
Revenue limits control the total amount of
taxes and general state aid a school
district can collect.
State mandates and guidelines often limit
the District’s ability to balance the budget.
FUTURE BUDGETS
As long as revenue limits are in place
and expenses increase at a greater rate
than revenues, the district will be facing a
budget gap.
We expect to see continued reductions
for the 2009-10 school year.
Continue review of long-term financial
and budget planning.
2008-09 REDUCTION SUMMARY
The $713,277 gap between revenue and
expenditures was addressed as follows:
Staff reductions and department
restructuring.
Grant funding changes.
Utility and custodial overtime transfers
to Fund 80.
Retirement and resignation savings.
Budget reductions in supplies,
equipment and travel for all schools
and departments.
Use of 2007-08 declining enrollment
exemption change.
2008-09 Budget Assumptions
February 27, 2008 - APPROVED
Description
Amount
Totals
Initial Revenue Assumptions:
Revenue Cap Increase
Special Education Aid Increase
522,552
29,420
Total Revenue Increase
551,972
Initial Expenditure Assumptions:
Salary/Benefits/Lane Movement/Retiree
Health
(1,205,916)
Utilities
(43,590)
District Insurance
(15,743)
Total Expenditure Increase
(1,265,249)
Total Budget Adjustment
(713,277)
2008-09 Budget Assumptions
February 27, 2008 – APPROVED
(continued)
Description
Amount
Totals
Proposed Expenditure Reductions:
1.0 FTE HS Family & Consumer Ed Position
62,600
1.0 FTE HS Art Position
66,650
1.0 FTE HS Business Education Position
52,490
.33 FTE HS English Position
28,880
1.0 FTE Band Teacher Position
64,620
1.0 Elementary Teacher Position
62,600
.80 FTE Speech & Language Teacher Position (no $ impact)
Eliminate Additional Days for Technology Integration
0
5,665
Revise Title 1 Funding and Duties
10,250
Reduce two 2.5 Hour/Day MS Classroom Aide Positions
14,280
Reduce one 6 Hour/Day High School PASS Aide Position
18,250
Remove Additional Staff from HS Swim Unit
Reduce/Restructure Business Office Staff
Reduce one 6 Hour/Day MS At-Risk Aide Position (no $ impact)
5,075
27,950
0
Reduce Secretarial Overtime Budget
12,000
Reduce Various Fund 10 Budgets
60,247
Transfer Custodial/Supply/Utility Costs to Fund 80
10,995
Reduce Staffing Costs due to Retirements/Resignations
Reduce IMC Equipment Budget
110,000
3,000
Potential Savings from Dental/Life/LTD Employee Ins Change
Total Budget Reductions
25,000
640,552
2008-09 Budget Assumptions
February 27, 2008 – APPROVED
(continued)
Description
Amount
Totals
Total Budget Adjustment (from prior slide)
(713,277)
Total Budget Reductions (from prior slide)
640,552
Prior Year Revenue not Expended:
Use of 2007-08 Declining Enrollment
Exemption
93,300
Total Use of Fund Balance
93,300
Budget Additions:
Increase Substitute Rate of Pay
(25,000)
Increase Substitute Paraprofessional Aide
Rate of Pay
(5,000)
Revise Luther Faculty Secretary 1 Hour and
Remove Cashier Duties
(4,380)
Total Budget Additions
(34,380)
Variance
(13,805)
2008-09 Budget Assumptions
September 3, 2008 - RECONCILIATION
Description
Amount
February 27, 2008 - Approved Variance
(13,805)
Per Pupil Increase from $270 to $274.68
14,649
Transfer of Service
37,022
Special Education Aid
(13,338)
Potential Savings from Dental/Life/LTD Employee Insurance Change
(25,000)
Interest Revenue
(15,000)
Open Enrollment Net In/Out Net Regular
126,147
Open Enrollment Net In/Out SPED
(56,608)
Teacher .10 FTE Increase (Spanish)
Teacher .33 FTE Increase (Math/Science Overloads)
Aide 12 hours/week Increase (Blakewood EC)
Totals
(7,252)
(13,000)
(7,382)
Teacher .33 FTE Increase (High School Spanish Overload)
(13,000)
Teacher .17 FTE Increase (High School Science Overload)
(6,500)
Aide 3 hours/week Increase (Blakewood 5th Grade)
(1,827)
Total Adjustments
18,910
Adjusted Variance
5,105
Continue to Monitor:
Staffing Costs due to Retirements/Resignations
Blakewood 5th Grade Class (transfer current aide and inc hrs from 17 to 20)
Lakeview 5k and 1st Grade
Occupational Therapy FTE
THE BIG PICTURE
1. TOTAL FUND 10 & 27 NET BUDGET
2007-08
2008-09
$ 34,763,264
$ 35,690,855
$ Inc/(Dec)
$
927,591
% Inc/(Dec)
2.7%
2. THE TOTAL TAX LEVY FUND EXPENDITURE BUDGETS ARE INCREASING 2.9 %
2007-08
2008-09
GENERAL FUND
$ 32,807,152
$ 33,695,709
$
888,557
2.71%
DEBT SERVICE
$ 4,590,335
$ 4,656,417
$
66,082
1.44%
COMMUNITY SERVICE
$
878,521
$ 1,039,717
$
161,196
18.35%
$ 38,276,008
$ 39,391,843
$ 1,115,835
2.9%
TOTAL
$ Inc/(Dec)
% Inc/(Dec)
3. THE TOTAL PROPERTY TAX LEVY IS INCREASING BY 6.6%
2007-08
2008-09
GENERAL FUND
$ 7,702,460
$ 8,433,495
$
731,035
9.49%
DEBT SERVICE
$ 4,191,582
$ 4,242,032
$
50,450
1.20%
COMMUNITY SERVICE
$
$
561,768
$
36,348
6.92%
$ 13,237,295
$
817,833
6.6%
TOTAL
525,420
$ 12,419,462
$ Inc/(Dec)
% Inc/(Dec)
2008-09 Budget Increase Summary
2007-08
Unaudited
TOTAL Costs
$34,763,264
2008-09
Proposed
$35,690,855
(Fund 10 & 27)
Inc/(Dec)
+ $927,591
2.7%
1. Salaries
$773,731
2. Benefits
$423,183
3. Purchased Services
$45,851
4. Supplies
($58,855)
5. Capital Objects
($302,612)
6. District Insurance
$21,780
7. Interfund Transfers
$13,954
8. Debt Retirement & Other
$10,559
TOTAL EXPENDITURE INCREASE
$927,591
Mill Rate Comparison
2007-08
AREA SCHOOL DISTRICT'S
2007-08 Mill Rate Comparison
12.00
11.21
10.64
10.43
10.00
9.41
8.81
8.40
7.74
6.00
4.00
District
Oak Creek/Franklin
West Allis
South Milwaukee
Cudahy
Franklin
-
Greenfield
2.00
Greendale
Mill Rate
8.00
Mill Rate History
SCHOOL DISTRICT OF SOUTH MILWAUKEE
1993-94 to 2008-09 Mill Rate History
$20
$18
$ 17.53
$ 15.98
$16
$ 15.38
$14
$ 11.71
$ 10.82
$ 9.85
$10
$ 10.36
$ 10.39
$ 9.67
$ 9.73
$ 9.65
$ 9.41
$ 9.47
2008-09 Proposed
$ 10.33
2007-08
$ 10.24
2006-07
$ 10.80
2005-06
$12
$8
$6
$4
$2
2004-05
2003-04
2002-03
2001-02
2000-01
1999-00
1998-99
1997-98
1996-97
1995-96
1994-95
1993-94
$0
Tax Levy History
All Funds
SCHOOL DISTRICT OF SOUTH MILWAUKEE
1993-94 to 2008-09 Tax Levy History (All Funds)
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
809
-0
8
ed
20
0
-0
7
20
07
op
os
Pr
-0
6
20
06
-0
5
20
05
-0
4
20
04
-0
3
20
03
-0
2
20
02
-0
1
20
01
-0
0
20
00
-9
9
19
99
-9
8
19
98
-9
7
19
97
-9
6
19
96
-9
5
19
95
19
94
19
93
-9
4
0
Revenue Budget Summary
Fund 10 & 27
Open
Enroll/Tuition
4.7%
Other
.4%
Federal
4.0%
Property Taxes
25.2%
State
65.7%
2008-09 REVENUE SOURCES
State
$23,372,429
Property Taxes
$8,969,485
Open Enroll/Tuition
$1,672,633
Other
Federal
$168,500
$1,414,508
$35,597,555
Expenditure Budget Summary
Fund 10 & 27
Supplies
3.5%
District Insurance
0.9%
Interfund Transfers
1.0%
Capital Objects
0.8%
Debt Retirement &
Other
0.9%
Purchased Services
7.8%
Benefits
26.3%
Salaries
58.8%
2008-09 Expenses by Object
Salaries
$21,000,526
Benefits
$9,402,145
Purchased Svcs.
$2,760,241
Supplies
$1,223,988
Capital Objects
$299,303
District Insurance
$322,325
Interfund Transfers
$348,925
Debt Retirement/Other
$333,402
Total
$35,690,855
85.1%
Staffing Summary
2007-08
Total FTE
Teachers
2008-09
Reduced
2008-09
Increased
Approved
2008-09
FTE's
237.92
(6.63)
1.93
233.22
Admin
17.00
0.00
0.00
17.00
Support
14.40
(0.50)
0.20
14.10
Aides
30.21
(2.43)
1.86
29.64
Clerical
23.00
0.00
0.00
23.00
Custodial
19.00
0.00
0.00
19.00
BSH
16.19
0.00
0.00
16.19
Total
357.72
(9.56)
3.99
352.15
SUMMARY
Staff and expenditure reductions made
primarily due to revenue limits and
declining enrollments.
Projected mill rate of $9.47 – final
adjustment in October after 3rd Friday
enrollment count, final certification of state
aid and property valuation.
Rising costs of insurance and utility costs
will continue even with controls.
Future state legislation uncertain.
2009-10 will likely see another year of
reductions.
Questions
&
Answers
SOUTH MILWAUKEE SCHOOL DISTRICT
September 3, 2008
7:00 p.m.
AGENDA FOR PUBLIC HEARING
I.
Explanation of Dual Meeting and Opening
Remarks
A. Introduction of School Board and
Selected Staff Members
B. Introduction of Legal Counsel and
Parliamentarian
II. Presentation of Treasurer’s Report
III. Opportunity for Public Comments on the
Proposed Budget
IV. Closing Remarks and Adjournment
AGENDA FOR ANNUAL MEETING
I.
Call to Order
II. Explanation of Ground Rules
III. Elect Chairperson
IV. Approve Agenda
V. Approval of Previous Minutes
VI. Adoption of Resolution on Tax Levy
VII. Old Business
VIII. New Business
A. Academic Progress Report
IX. Adjournment